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Dec 30, 2012
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a spokesman for senator mitch mcconnell says while the president was tapingly those remark, senator mcconnell was trying to bring republicans and democrats together on a solution. the spokesman notes, discussions continue. if senator mcconnell and harry reid can reach a deal in the next couple of hours, leading senate republican notes there is no guarantee it will pass both the house and the senate. >> if mcconnell can't get 60% of us to vote for this deal, it will be hard for boehner to get it through the house. i want to vote for it even though i won't like it because the country has a lot at stake. >> among the republican krengs any revenue generated by a potential deal, they would like to see it come do paying down the deficit, not new government spending. shannon? >> how confident are the "cook's essentialsal" democrats about the ability to get this done? >> reporter: congressional democrats do not sound over confident. they recognize this is a heavy lift between the top two senators in the next couple of hours. but a leading new york democrat sounded cautiously optimistic. >> there is c
a spokesman for senator mitch mcconnell says while the president was tapingly those remark, senator mcconnell was trying to bring republicans and democrats together on a solution. the spokesman notes, discussions continue. if senator mcconnell and harry reid can reach a deal in the next couple of hours, leading senate republican notes there is no guarantee it will pass both the house and the senate. >> if mcconnell can't get 60% of us to vote for this deal, it will be hard for boehner to...
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Dec 28, 2012
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when you listen to senate republican leader mitch mcconnell he basically said yesterday when he got a phone call from the president two nights ago it was the first time he heard from a democrat about the fiscal cliff negotiations, whether the president, senator reid or others in about a month, around thanksgiving. with the democrats not reaching out to senator mcconnell for a month, doesn't seem like they have been pushing very hard for a deal, gregg. gregg: has the bickering between reid and boehner sort of poisoned the negotiations past the point that, you know, maybe this meeting will help at all? >> reporter: it may have because it's really, we've seen tensions escalate ever since before christmas when john boehner was not able to get a deal through the house where he has a very strong republican majority. he had a rebellion amongst some of his fellow conservatives. that is what held it up. senator harry reid as you say was very rough going directly after boehner yesterday. take a listen. >> the american people i don't think understand the house of representatives is operating wit
when you listen to senate republican leader mitch mcconnell he basically said yesterday when he got a phone call from the president two nights ago it was the first time he heard from a democrat about the fiscal cliff negotiations, whether the president, senator reid or others in about a month, around thanksgiving. with the democrats not reaching out to senator mcconnell for a month, doesn't seem like they have been pushing very hard for a deal, gregg. gregg: has the bickering between reid and...
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Dec 28, 2012
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john boehner and mitch mcconnell representing the republicans. brianna keilar live now from washington. great to see you. house doesn't return to work until sunday. logistically speaking here, is there still enough time to work out a deal? >> i will tell you logistically speaking, logistically speaking, yes. politically speaking, very much unclear, there's a growing amount of pessimism about whether or not that can be done. we've been talking for days about how eyes are on the senate to see what harry reid cobbles together to try to get republican support in the senate and house. he's saying it's hard to see how this can get done by january 1st. so we're seeing a lot of managing of expectations and certainly a lot of posturing on both sides as it appears they're getting ready to play the blame game should we go over the cliff. listen to both sides. >> republicans are not about to write a blank check for anything senate democrats put forward just because we find ourselves at the edge of the cliff. >> we are here in washington working while the mem
john boehner and mitch mcconnell representing the republicans. brianna keilar live now from washington. great to see you. house doesn't return to work until sunday. logistically speaking here, is there still enough time to work out a deal? >> i will tell you logistically speaking, logistically speaking, yes. politically speaking, very much unclear, there's a growing amount of pessimism about whether or not that can be done. we've been talking for days about how eyes are on the senate to...
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Dec 27, 2012
12/12
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meanwhile, mitch mcconnell says it's up to the president to act and to lead. i mean, basically, what we have is the president insisting on the package that he's insisted on all along. those making more than $250,000 to have the taxes raised, some january 1st. nonstarter. abundantly clear in the house of representatives. there's some question here and harry reid said he expects to go over the fiscal cliff. can there be a retroactive package passed to help stave off the dramatic series of tax hikes for all americans? >> the office of mcconnell releasing a statement acknowledging that conversation with the president last night. >> reporter: yeah. >> in that statement he wrote in part, quote, the leaders happy to review what the president has in mind but to date the senate democratic majority has not put forward a plan. how much pressure does that then put on speaker boener? >> reporter: speaker boehner said himself, you may have heard this, if -- every day would be christmas. there's ifs in there. hypotheticals, they could come up with something that's appetizing
meanwhile, mitch mcconnell says it's up to the president to act and to lead. i mean, basically, what we have is the president insisting on the package that he's insisted on all along. those making more than $250,000 to have the taxes raised, some january 1st. nonstarter. abundantly clear in the house of representatives. there's some question here and harry reid said he expects to go over the fiscal cliff. can there be a retroactive package passed to help stave off the dramatic series of tax...
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Dec 27, 2012
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speaker boehner, nancy pelosi, mitch mcconnell, and harry reid. earlier today, the senate majority leader sounded frustrated with the republicans in congress. >> nothing can move forward unless speaker boehner and mitch mcconnell are willing to come up with a bipartisan plan to participate. speaker boehner is unwilling to negotiate. we have not heard a word since neither mcconnell. nothing has happened. >> i should note that senator reid was due for a news conference later this afternoon. that has since been canceled. perhaps the senate majority leader has decided to do his talking behind closed doors and hammer out a deal. greg: filled with metaphors, no doubt. what a republican saying about the status of the fiscal cliff negotiations? reporter: they have been pretty quiet so far. we know the speaker of the house and the republican leadership team in the house is due for a conference call with members that are still back in their home districts later this hour. we expect senate republican leader mitch mcconnell to be on the senate floor. the top
speaker boehner, nancy pelosi, mitch mcconnell, and harry reid. earlier today, the senate majority leader sounded frustrated with the republicans in congress. >> nothing can move forward unless speaker boehner and mitch mcconnell are willing to come up with a bipartisan plan to participate. speaker boehner is unwilling to negotiate. we have not heard a word since neither mcconnell. nothing has happened. >> i should note that senator reid was due for a news conference later this...
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Dec 30, 2012
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republican leader, mitch mcconnell, was spotted at the capital. when asked if they would reach a deal, he told reporters, quote, i hope so. erica? >> many americans hoping so too. >>> david gregory is moderator of "meet the press." good morning. >> good morning, erica. >> you sat down with an exclusive interview with the president. did he seem optimistic to you? >> he says he is optimistic but really preparing to play hardball. his own approach, plan "b," is a small deal to get an extension of the middle class tax cuts and do very little else. the fight over the debt continues into the new year just weeks ahead over the debt limit. this is, in effect, something he feels so strongly about doing now. you go back months and months and months, the feeling in the white house is if they win the election, they are going to get their tax increase on wealthier americans. there is a feeling the president has to step back from that, to compromise on that key point would be a failure of leadership. >> talking about the stop gap, you are mentioning it here. th
republican leader, mitch mcconnell, was spotted at the capital. when asked if they would reach a deal, he told reporters, quote, i hope so. erica? >> many americans hoping so too. >>> david gregory is moderator of "meet the press." good morning. >> good morning, erica. >> you sat down with an exclusive interview with the president. did he seem optimistic to you? >> he says he is optimistic but really preparing to play hardball. his own approach, plan...
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Dec 30, 2012
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. >> reporter: senate republican leader mitch mcconnell left the capitol tight lipped and smiling after working behind closed doors to avoid the so- called fiscal cliff. >> need progress today, sir? >> reporter: he and harry reid are working on scaled-down agreement that focuses on avoiding a middle-class tax hike. the plan is to present it to the full senate for a vote on sunday and send it to the house and hoax john boehner was at the capitol and left with no comment. both sides remain at odds over the democrat's insistence that the wealthy pay more in taxes. >> the president's tax hook would only fund the government for eight days. americans deserve to know what is the president -- what does the president propose we do for the other 357 days of the year. >> reporter: president obama insists his plan on the table is fair and includes plenty of cuts to government spending. >> we just can't afford a politically self-inflicted wound to our economy. >> reporter: if sunday's negotiations don't pan out, the president said he's ready to propose his own scaled-back bill that would block tax i
. >> reporter: senate republican leader mitch mcconnell left the capitol tight lipped and smiling after working behind closed doors to avoid the so- called fiscal cliff. >> need progress today, sir? >> reporter: he and harry reid are working on scaled-down agreement that focuses on avoiding a middle-class tax hike. the plan is to present it to the full senate for a vote on sunday and send it to the house and hoax john boehner was at the capitol and left with no comment. both...
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Dec 22, 2012
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on friday senate republican leader mitch mcconnell said his strategy forward is unclear, but stressed time is running out. >> the u.s. economy is at stake here. millions upon millions of families are counting on us to do something. >> reporter: while the president expressed measured confidence -- >> call me a hopeless optimist but i actually still think we can get it done. >> reporter: many americans say the uncertainty in washington has cast a cloud over their holiday season. >> i think it's sad because there's no reason that an agreement can't be reached. >> my taxes will go up $3,000 a year. can i afford it? no. can the country afford it? no. >> reporter: now, lawmakers are expected to return to washington after the christmas holiday to resume negotiations but partisan wrangling will be put aside tomorrow when many members of congress, the president, and first lady attend a memorial service for the late senator daniel inouye which will be held right here in honolulu. lester? >> kristen welker traveling with the president tonight. thanks. >>> for more on what going over the so-calle
on friday senate republican leader mitch mcconnell said his strategy forward is unclear, but stressed time is running out. >> the u.s. economy is at stake here. millions upon millions of families are counting on us to do something. >> reporter: while the president expressed measured confidence -- >> call me a hopeless optimist but i actually still think we can get it done. >> reporter: many americans say the uncertainty in washington has cast a cloud over their holiday...
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Dec 29, 2012
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senate minority leader mitch mcconnell arrived earlier today at the capital for talks. yesterday he and other leaders met the white house with the president and vice president aiming to avoid tax hikes and may vote on a deal as early as sunday. >>> police now have a woman in custody in connection with the death of a man pushed in front of a new york city subway train on thursday. detectives arrested a woman who they said said things that implicated hadder in the death sun and doe sen. this is the sketch of that suspect. >>> in india, the young woman gang raped on a new delhi bus is dead. doctors say she died peacefully at the hospital where she was being treated. employees plan to add murder charges against the six suspects already in custody and arrested on rape. the charges will be filed next thursday. angry protesters have been demanding justice and more protection for women and police expect more demonstrations in the days to come. >>> a large crowd cheers the first couple to get married under maine's new same-sex marriage law. stephen bridges and michael snell of p
senate minority leader mitch mcconnell arrived earlier today at the capital for talks. yesterday he and other leaders met the white house with the president and vice president aiming to avoid tax hikes and may vote on a deal as early as sunday. >>> police now have a woman in custody in connection with the death of a man pushed in front of a new york city subway train on thursday. detectives arrested a woman who they said said things that implicated hadder in the death sun and doe sen....
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mitch mcconnell was there. the senior staff are trying to figure out what palsy is acceptable. they are trading very detailed information, they are getting scores from the joint committee on taxation to figure out how much money the various proposals raise. you have the white house team and democratic team in reid's office. the republican team in mcconnell's office. they are gaming out what they want and throw in offers across the table. the good news is they are trading those offers. >> t.j., can i say a word in defense of asinine politicians? the asinine politicians are reflecting real divisions in the country, divisions of self-interest, divisions of philosophy. it's more difficult to do because of the structure of our system, the way the two parties developed. ultimately, they are talking act thing that is cost people money and things that would benefit others financially. those are difficult issues to settle. you know, our system was designed to make them difficult to settle, not as difficult as they are in this circumstance. that's the nature of democracy. people said it'
mitch mcconnell was there. the senior staff are trying to figure out what palsy is acceptable. they are trading very detailed information, they are getting scores from the joint committee on taxation to figure out how much money the various proposals raise. you have the white house team and democratic team in reid's office. the republican team in mcconnell's office. they are gaming out what they want and throw in offers across the table. the good news is they are trading those offers. >>...
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Dec 27, 2012
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we're told we should expect to hear from the senate republican leader mitch mcconnell. the senate is in and he will likely take to the floor we're told and give a status report from his perspective. what we're talking about right now in the senate is whether or not the democrats if that i do attempt to pass something, if they're going to have to get to the 60-vote threshold, meaning if they're going to need to break a filibuster or if the senate rupp leader mitch mcconnell will be able to get agreement from his republican conference to have a sim palma jort vote. that's what they're talking about right now. it's important to emphasize that senator reid has told people privately if he does not think that any legislation like the one the president is sending up today can pass both the senate and the house he doesn't want to bring it up because he doesn't want to, a, make people walk the planch politically and, b, spook the markets even more with a failed vote. >> thank you. i want to bring in jessica here. the president landed two hours ago. what is he doing behind the sc
we're told we should expect to hear from the senate republican leader mitch mcconnell. the senate is in and he will likely take to the floor we're told and give a status report from his perspective. what we're talking about right now in the senate is whether or not the democrats if that i do attempt to pass something, if they're going to have to get to the 60-vote threshold, meaning if they're going to need to break a filibuster or if the senate rupp leader mitch mcconnell will be able to get...
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Dec 27, 2012
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. >> that, of course, was senator mitch mcconnell and here we have the majority leader in the senate, harry reid. let's listen in for a second. >> the house has reported by the press and we all know, one of the plans didn't have a name, it wasn't plan b. i don't know which plan it was because they've had a number over there. but this plan was to show the american people that the $250,000 ceiling on raising taxes wouldn't pass in the house. why didn't they have that vote? because it would have passed. they wanted to kill it. the speaker wanted to show everybody that it wouldn't pass the house. but he couldn't bring it up for vote because it wouldn't pass. republicans -- a myriad of republicans think it's the fair thing to do and of course every democrat would vote for that. the republican leader finds himself frustrated that the president has called on him to help address the fiscal cliff. he's upset because, quote, the phone never rang. he complains that i have not passed the resolution to pass the fiscal cliff but he's in error. we all know that in july of this year we passed in the
. >> that, of course, was senator mitch mcconnell and here we have the majority leader in the senate, harry reid. let's listen in for a second. >> the house has reported by the press and we all know, one of the plans didn't have a name, it wasn't plan b. i don't know which plan it was because they've had a number over there. but this plan was to show the american people that the $250,000 ceiling on raising taxes wouldn't pass in the house. why didn't they have that vote? because it...
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Dec 24, 2012
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one of those 4 senators is mitch mcconnell the g.o.p. leader. >> reporter: the president before leaving for hawaii says he hopes everyone gets a chance to drink some el nog, sing some christmas carols and get with their constituents to aeu to tell them they can get something done. all this will only cut $8 billion as opposed to the $4 trillion. can't america do better th-pb. >> the discussions have been focused entirely on taxes. even if you adopted all the president's tax cuts -- tax increases that he wanted it would do so little to touch our long-term fiscal problem. it really needs to be entitlement reform and it's really a tragedy that everything has been focused on taxes when entitlement reform is really what needs to be addressed to address a long term fiscal crisis. >> reporter: that and taxes seem to be the sticking point. jaime we thank you your insights. merry chris misand happy holidays to you. >> same to you. thank you. >> reporter: there were four firefighters responding to a fire in upstate new york and all four were shot o
one of those 4 senators is mitch mcconnell the g.o.p. leader. >> reporter: the president before leaving for hawaii says he hopes everyone gets a chance to drink some el nog, sing some christmas carols and get with their constituents to aeu to tell them they can get something done. all this will only cut $8 billion as opposed to the $4 trillion. can't america do better th-pb. >> the discussions have been focused entirely on taxes. even if you adopted all the president's tax cuts --...
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Dec 28, 2012
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>> it is still on the table, what harry reid and mitch mcconnell are working on. the question is can they device something in the next 24 hours that would set an income tax hike threshold to $400,000 and use steps to use that revenue to defer the sequester, those automatic indiscriminate budget cuts nobody wants to happen. the question is going to be, can they get that done and get enough republicans in the senate to support it to convince the house to take it up? if not, the president and democrats are going to dare republicans to block an up or down vote on the president's proposal of tax hikes for everyone over $250,000. >> john harwood joining us from washington this evening. thanks so much, john. >>> and a program note. david gregory will have an exclusive interview with president obama on the fiscal cliff crisis this sunday on "meet the press." >>> and now to the weather. and more snow is on the way as we head into the new year's weekend, and that may not be the end of it. the weather channel's chris warren joins me now. chris, good evening. >> good evening
>> it is still on the table, what harry reid and mitch mcconnell are working on. the question is can they device something in the next 24 hours that would set an income tax hike threshold to $400,000 and use steps to use that revenue to defer the sequester, those automatic indiscriminate budget cuts nobody wants to happen. the question is going to be, can they get that done and get enough republicans in the senate to support it to convince the house to take it up? if not, the president...
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Dec 29, 2012
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reporter: in the political cliff hanger sources close to the talks say senate leaders harry reid and mitch mcconnell are drafting a small plan that could include extending unemployment insurance benefits pro-tkting about 30 million americans from paying the alternative minimum tax and allowing tax rates to increase on the wealthiest americans, but this issue remains a major sticking point with many republicans resisting any tax increase at all. economists say the last-minute process calls into question washington's ability to deal with the hard issues of tax reform and deficit reduction. >> the prospects for the economy are incredibly dim until we put in place a bigger deal, tackle these challenges, and put some certainty into the economy and boost confidence. >> reporter: meanwhile, americans watched with worry and frustration. >> i think they're all failing us a great deal and i'm so sick and tired of them fighting. >> the equivalent of worried about your mortgage after you're already homeless. so it's, like i said, sad. they have a job to do and they're not doing it. >> reporter: now, w
reporter: in the political cliff hanger sources close to the talks say senate leaders harry reid and mitch mcconnell are drafting a small plan that could include extending unemployment insurance benefits pro-tkting about 30 million americans from paying the alternative minimum tax and allowing tax rates to increase on the wealthiest americans, but this issue remains a major sticking point with many republicans resisting any tax increase at all. economists say the last-minute process calls into...
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Dec 30, 2012
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mcconnell speaking, but what the gop wants, they won't get. both sides are still talking, even if they are not necessarily listening to each other. >> the republican leader has shown absolutely good faith, but it is that we are apart on big issues. >> i am willing to get it done, but i need a dance partner. >> both of the republicans and the democrats agree there need to be changes to the u.s. tax code, and that is one thorny issue to avoid going over the fiscal cliff. let's go to jean sahati who is a senior writer for cnnmoney.com, and probably the person most immersed in the my knew that -- minutia of all of the stuff going on and so you have political headlines of stuff going on like tax rates and there are back channels and people have been discussing this for a long time, and what is your take? >> a long time. >> and first of all, real tax reform is a process to take two three years at best probably and that is not certainly going to happen tonight and not worked out, but what is the likelihood of a deal? what would it look like from a ta
mcconnell speaking, but what the gop wants, they won't get. both sides are still talking, even if they are not necessarily listening to each other. >> the republican leader has shown absolutely good faith, but it is that we are apart on big issues. >> i am willing to get it done, but i need a dance partner. >> both of the republicans and the democrats agree there need to be changes to the u.s. tax code, and that is one thorny issue to avoid going over the fiscal cliff. let's...
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Dec 30, 2012
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but the mitch mcconnell was seen arriving just after congressional leaders met with obama. >> we are going to work hard to see if we get there. i am hopeful and optimistic. >> reporter: missouri senator say that both sides have an important opportunity but the tax hike will not do much to address the debt. >> the presidential proposal will not even pay one-third of the interest on this massive 16 trillion dollar debt. >> reporter: they will return just one day before a deal needs to be reached. they will be unlikely burning the midnight oil. there will be-likely be burning the midnight oil. a who look outside at mount tam we will be right back. >> let us take a quick look outside. janu? >> we are expecting plenty of sunshine. it is also very cold with a chilly start. dense fog and low visibility. plenty of sunshine for those headed to the game. it is going to be another cold one. taking a look at your temperatures are, 36 in santa rosa. 39 and of vallejo, mid-40s in oakland. 38 and the sunnyvale. as we take a look we will see whites. 40's. 50s, very similar to yesterday we will seek-
but the mitch mcconnell was seen arriving just after congressional leaders met with obama. >> we are going to work hard to see if we get there. i am hopeful and optimistic. >> reporter: missouri senator say that both sides have an important opportunity but the tax hike will not do much to address the debt. >> the presidential proposal will not even pay one-third of the interest on this massive 16 trillion dollar debt. >> reporter: they will return just one day before a...
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mcconnell and whether they work out something short of $4 trillion grand bargain. last-minute stop gap. attending tax cut for people making $250,000 or less. and unemployment benefits for 2 million people who will lose the benefits a week after christmas. >> it is going to be a patch. because in four days we can't solve everything. >> yet, other republicans note the president short-term fix raises some taxes, yet punt spending cuts until next year. >> i would vote for revenue, including the tax rate hike though i don't like them to get, to save the country from becoming greece. i'm not going to set aside the $1.2 trillion in cuts. >> if the president does return to washington this week, unclear whether he will come back here to hawaii for new year's with his family. joe lieberman says he expects the senate to be in session on new year's eve, working on a deal down to the wire. >> thank you, ed. markets dropped on shortened day of trading. dow fell 52. s&p 500 lost 3.5. nasdaq down 8.5. might be a blue christmas for retailers. shoppers came out in droves but spent l
mcconnell and whether they work out something short of $4 trillion grand bargain. last-minute stop gap. attending tax cut for people making $250,000 or less. and unemployment benefits for 2 million people who will lose the benefits a week after christmas. >> it is going to be a patch. because in four days we can't solve everything. >> yet, other republicans note the president short-term fix raises some taxes, yet punt spending cuts until next year. >> i would vote for revenue,...
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so all eyes will be on mitch mcconnell and harry reid and their negotiatorsoled up on capitol hill. the senate comes back into session at 1:00 on sunday. christi, alison? >>> and the cliffhanger continues. jessica yellin, thanks. >>> and january 1st is the deadline to make a deal on the fiscal cliff. for some states, it's a day that a series of new laws are going to take effect. let me get you clued in here. in california, talking more than 800 new laws, including one requiring apartments and condos to install carbon monoxide detectors. separately, employers will no longer be able to ask job applicants for log ins to social media accounts, such as facebook and twitter. and the increase between 28 cents and 37 cents per hour affects more than 1 million low-income earners. thanks to laws that have lower minimum wage to keep price. and the price of stamps is set to go up? e, again, by a penny, on january 27th, which brings the price of sending first-class mail to 46 cents. >>> well, the senate has also approved a five-year extension of the foreign intelligence surveillance act allowing
so all eyes will be on mitch mcconnell and harry reid and their negotiatorsoled up on capitol hill. the senate comes back into session at 1:00 on sunday. christi, alison? >>> and the cliffhanger continues. jessica yellin, thanks. >>> and january 1st is the deadline to make a deal on the fiscal cliff. for some states, it's a day that a series of new laws are going to take effect. let me get you clued in here. in california, talking more than 800 new laws, including one...
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he said he's instructed senator harry reid and senator mitch mcconnell to come up with a plan that can pass in congress. his brief comments a short while ago came after a whit
he said he's instructed senator harry reid and senator mitch mcconnell to come up with a plan that can pass in congress. his brief comments a short while ago came after a whit
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Dec 28, 2012
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mitch mcconnell voted for tarp i could go on and on. for all of the tough talk, look at the word hopeful or optimistic. it is there. host: we will john boehner face a challenge to speaker? guest: there is grumbling, but the feeling is no. i did not think so. one of the most significant things that happened, going back to that press conference one week ago when the talk was in the air, eric cantor stood by his side, and that was a signal that if anybody is going to challenge him, it might be eric cantor. he will not challenge. he is absolutely on board. host: david lightman, thank you as always for being with us. guest: thank you for having me. host: we will check in with you again and your dog. every friday we look at america by the numbers. today, we want to focus on the issue of hunger in america. "washington journal" continues. negotiations are resuming this afternoon at 3:00 p.m. eastern time. [applause] >> there are cynics said that a party platform is something nobody bothers to read and it does not amount to much. whether it is d
mitch mcconnell voted for tarp i could go on and on. for all of the tough talk, look at the word hopeful or optimistic. it is there. host: we will john boehner face a challenge to speaker? guest: there is grumbling, but the feeling is no. i did not think so. one of the most significant things that happened, going back to that press conference one week ago when the talk was in the air, eric cantor stood by his side, and that was a signal that if anybody is going to challenge him, it might be...
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so mitch mcconnell is worried. >> she can bring in a lot of outside money, coming in from around the country and hollywood. >> she can, she has a few problems. she lives in tennessee and scott land where her husband is from. so a lot of kentucky voters will say, what does she have to do with us anymore. she has name recognition though, and in the game of running for political office that is important. >> another development, south carolina, nicki haley there announcing she was picking congressman tim scott to replace jim demint. and scott will be the only african american in the senate and one of only a handful in the history of the senate. who will replace scott may be the question here. ? well there's certainly any number of candidates, strom thurmond ran against tim scott before. there's always the possibility, mark san ford, this will be a hotly contested race. if they can clear the field, remains to be seen. it's certainly a hot seat, it's interesting for house republicans that are looking for leadership these days. tim scott was a guy that you would have tapped as a future lead
so mitch mcconnell is worried. >> she can bring in a lot of outside money, coming in from around the country and hollywood. >> she can, she has a few problems. she lives in tennessee and scott land where her husband is from. so a lot of kentucky voters will say, what does she have to do with us anymore. she has name recognition though, and in the game of running for political office that is important. >> another development, south carolina, nicki haley there announcing she was...
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mcconnell. so that's where things stand. and president obama is actually hopeful that something could still be pulled off. listen. >> nobody can get 100% of what they want. and this is not simply a contest between parties in terms of who looks good and who doesn't. call me a hopeless optimist. but i actually still think we can get it done. >> reporter: now, of course, if the senate were to pass something and reconvene on december 27th, don, it would also then need to pass the house. but the expectation is that whatever would be worked out in the senate, if it is, would pass the house hopefully not just with republican support, but it would need democratic support, as well. and just to be clear, the thing that president obama and speaker boehner were working towards was a much bigger package, trying to deal with deficit reduction that would have dealt with these tax hikes, spending cuts, trying to work out a plan for entitlement reform and tax reform. what's now being worked out is to avert those
mcconnell. so that's where things stand. and president obama is actually hopeful that something could still be pulled off. listen. >> nobody can get 100% of what they want. and this is not simply a contest between parties in terms of who looks good and who doesn't. call me a hopeless optimist. but i actually still think we can get it done. >> reporter: now, of course, if the senate were to pass something and reconvene on december 27th, don, it would also then need to pass the house....
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mitch mcconnell at this moment may help harry reid make that happen in a very quiet way. but have you other peop but you have other people who simply won't follow. it's difficult to lead people who are not playing by the normal rules of pragmatic politics and compromise, giving their views are out of step with the country. >> i will tell you, the representative is nodding with you in agreement. representative john yarmuth and mr. john harwood. thank you, happy holidays. >> same to up. >>> straight ahead, pulitzer-prize winning author john mae meacham, and the impact that the benghazi report may have on hillary clinton's possible run. if you think running a restaurant is hard, try running four. fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. this is the only thing we've ever wanted to do and ink helps us do it. make your mark with ink from chase. this reduced sodium soup says it may help lower cholesterol, how does it work? you just have to eat it as p
mitch mcconnell at this moment may help harry reid make that happen in a very quiet way. but have you other peop but you have other people who simply won't follow. it's difficult to lead people who are not playing by the normal rules of pragmatic politics and compromise, giving their views are out of step with the country. >> i will tell you, the representative is nodding with you in agreement. representative john yarmuth and mr. john harwood. thank you, happy holidays. >> same to...
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mcconnell which is key in finding something to get through the senate and perhaps because of that, i guess some of that pessimism that you are hearing from republicans like senator brasso, shared by democrats. take a listen. >> i feel that it's more likely that we will go over the cliff than not and that -- if we allow that to happen, it will be the most colossal consequential act of congressional irresponsibility in a long time, maybe ever in american history. >> so all eyes now on the senate, which will reconvene on thursday. senate majority leader harry reid has the task of trying to cobble something together that can get through, not only the senate, probably with republican support, but also through the house of representatives with some republican support. the white house still publicly saying they want the threshold for tax cuts to remain at $250,000 and below for folks to see tax cuts preserved what we hear from both sides, democrats and republicans there, is a significant possibility we go over the fiscal cliff. what are they saying? merry cliff-mas? >> yes, they are. 'twas
mcconnell which is key in finding something to get through the senate and perhaps because of that, i guess some of that pessimism that you are hearing from republicans like senator brasso, shared by democrats. take a listen. >> i feel that it's more likely that we will go over the cliff than not and that -- if we allow that to happen, it will be the most colossal consequential act of congressional irresponsibility in a long time, maybe ever in american history. >> so all eyes now on...
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mcconnell to work out a deal on then present it to the house. he also laid out a scaled down mini deal if they are can't manage it. >> if we don't see an agreement between the two leaders in the senate, i expect a bill to go on the floor, i asked senator reid to do this, put a bill on the floor that makes sure that taxes on middle class families don't go up, that unemployment is still available for 2 million people on that lays the groundwork for additional deficit reduction on economic growth steps that we can take in the new year but let's not miss this deadline. >> as for the two senate leaders, they spoke shortly after the meeting on sounded a bit more hopeful than the president. >> i think it was a very positive meeting. there was not a lot of hilarity in the meeting. everyone knows how important it is. it's a very serious meeting on it took an extended period of time, as you all know waiting for us. >> mr. president, i would just add -- i share the view of the majority leader, we had a good meeting down at the white house. we are engaged i
mcconnell to work out a deal on then present it to the house. he also laid out a scaled down mini deal if they are can't manage it. >> if we don't see an agreement between the two leaders in the senate, i expect a bill to go on the floor, i asked senator reid to do this, put a bill on the floor that makes sure that taxes on middle class families don't go up, that unemployment is still available for 2 million people on that lays the groundwork for additional deficit reduction on economic...
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so house republicans have kind of abdicated their role in this to the senate minority leader mitch mcconnell. if perhaps he could get on board with something with democrats in the senate to move along, presumably that might be able to be pushed through the house. the house republicans at least some of them, would have to vote on that in order to pass it so they have some i guess influence in that regard, but really they've given away a lot of their -- almost all of their influence on what this package can ultimately look like. >> oh, dear, i'm not smelling a lot of hope. aloha. thank you very much, brianna keilar. >>> it's a wintry mess for much of the country today as americans gear up for holiday travel. this midwest blizzard is now ripping across the northeast. most of the problems are from high winds as high as 40 miles per hour. aaa predicts some 93 million americans will travel between now and new year's. but if the roads look anything like this, you may want to stay home. >>> alexander steele is in the cnn weather center. what's the latest on the storm? >> this holiday has been fraugh
so house republicans have kind of abdicated their role in this to the senate minority leader mitch mcconnell. if perhaps he could get on board with something with democrats in the senate to move along, presumably that might be able to be pushed through the house. the house republicans at least some of them, would have to vote on that in order to pass it so they have some i guess influence in that regard, but really they've given away a lot of their -- almost all of their influence on what this...
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mcconnell, to lay out a deal. >> if we don't see an agreement between the two leaders and the senate, i expect a bill to go on the floor. and i have asked senator reid to do this. put a bill on the floor that makes sure that taxes on middle class families don't go up. that unemployment insurance is still available for two million people. and that lays the ground work for deficit reduction and economic growth steps that we can take in the new year. but let's not miss this deadline. >> as for the leaders they sounded a bit more hopeful than the president. >> i think it was a very positive meeting. there was not a lot of hilarity in the meeting. everyone knows how important it is. it is a very serious meeting and it would take an extended period of time as you know, waiting for us. >> i share the view of the majority leader. we had a good meeting down at the white house. we are engaged in discussions, the majority leader and myself and the white house, in the hopes that we can come forward as early as sunday and have a recommendation that i can make to my conference, and the majority le
mcconnell, to lay out a deal. >> if we don't see an agreement between the two leaders and the senate, i expect a bill to go on the floor. and i have asked senator reid to do this. put a bill on the floor that makes sure that taxes on middle class families don't go up. that unemployment insurance is still available for two million people. and that lays the ground work for deficit reduction and economic growth steps that we can take in the new year. but let's not miss this deadline....
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minority leader mitch mcconnell says there's still time for an agreement. >> republicans aren't likely to sign a blank check just because we find ourselves at the edge of the cliff. that wouldn't be fair to the american people. >> now, a new reuters poll shows americans blame republicans more than democrats or president obama for the fiscal crisis. and when asked who they held more response, 27% said the gop, 6% pointed to the dems and 30% said all of the above. for more on this, we're joined by christian schultz from barronberg bank. welcome. so we're going over the fiscal cliff. >> well, the consumer confidenc already be over the cliff in terms of confidence already. that might already be the first impact of the crisis of -- not of the crisis, but yes of the fiscal cliff. it seems we have this moment where this animal goes over the cliff, all limbs are still rotating around and we're staring into the abyss and eventually we're going to fold. >> i love that mental image. >> but it was the expectations component of that confidence data yesterday that was responsible for the headline de
minority leader mitch mcconnell says there's still time for an agreement. >> republicans aren't likely to sign a blank check just because we find ourselves at the edge of the cliff. that wouldn't be fair to the american people. >> now, a new reuters poll shows americans blame republicans more than democrats or president obama for the fiscal crisis. and when asked who they held more response, 27% said the gop, 6% pointed to the dems and 30% said all of the above. for more on this,...
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reid piled on a little bit late yesterday afternoon and senate republican leader mitch mcconnell responded. take a listen. >> speaker boehner should call members of the house back to washington today. he shouldn't have let them two in fact. they're not here. they're not here. john boehner seeps to care more about keeping his speakership than about keeping the nation on firm financial footing. >> reporter: there have been all eyes on senator mitch mcconnell, the republican leader, the counterpart to harry reid because he has been pretty quiet early on in the negotiations. was defering speaker boehner to give the republican side. after hearing senator reid yesterday, senator mcconnell fired back. take a listen. >> we're coming up against a hard deadline here and i said, this is a conversation we should had months ago. and republicans aren't about to write a blank check for anything senate democrats put forward just because we find ourselves at the edge of the cliff. >> reporter: now senator mcconnell also said he was disappointed because when he got a call from the president two nights ago r
reid piled on a little bit late yesterday afternoon and senate republican leader mitch mcconnell responded. take a listen. >> speaker boehner should call members of the house back to washington today. he shouldn't have let them two in fact. they're not here. they're not here. john boehner seeps to care more about keeping his speakership than about keeping the nation on firm financial footing. >> reporter: there have been all eyes on senator mitch mcconnell, the republican leader,...
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first, let's listen to what senate minority leader mitch mcconnell said yesterday on the senate floor. >> i told the president we'd be happy to look at what he proposes. but the truth is, we're coming up against a hard deadline here. and republicans aren't going to write a blank check for anything senate democrats put forward just because we find ourselves at the edge of the cliff. >> meanwhile, the senate majority leader, now, had even harsher words for gop leadership. >> the house of representatives is operating out the house of representatives. it's being operated with a dictatorship of the speaker, not allowing the vast majority of the house of representatives to get what they want. >> wow. this sets up very well. >> calling your other guy a dictator is not really a good way to start. "the new york times" said that harry reid looked like an angry father-in-law, who kept coming to the floor, nursing a grudge all year long. this is not looking good, obviously. they're meeting at the white house, all four congressional leaders with the president. but, josh, this is the first meeting
first, let's listen to what senate minority leader mitch mcconnell said yesterday on the senate floor. >> i told the president we'd be happy to look at what he proposes. but the truth is, we're coming up against a hard deadline here. and republicans aren't going to write a blank check for anything senate democrats put forward just because we find ourselves at the edge of the cliff. >> meanwhile, the senate majority leader, now, had even harsher words for gop leadership. >> the...
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mcconnell try to cobble together a last-minute plan. meanwhile, on friday president obama said america's patience has almost run out. with steep tax hikes and deep spending cuts looming, president obama used the power of his office to turn up the pressure on congress, making a quickly arranged appearance in the white house briefing room friday. >> the hour for immediate action is here. it is now. i'm modestly optimistic that an agreement can be achieved. >> reporter: the president repeatedly tapping into the public's frustration to bolster his argument. >> the american people are not going to have any patience for a politically self-inflicted wound. ordinary folks, they too their jobs. the notion that our elected leadership can't do the same thing is mind-boggling to them and needs to stop. >> reporter: the stern words came on the heels of an hour-long meeting with congressional leaders. sources close to the talks say mr. obama gave lawmakers two options. either come up with a bill that can pass both houses or allow a vote on his plan w
mcconnell try to cobble together a last-minute plan. meanwhile, on friday president obama said america's patience has almost run out. with steep tax hikes and deep spending cuts looming, president obama used the power of his office to turn up the pressure on congress, making a quickly arranged appearance in the white house briefing room friday. >> the hour for immediate action is here. it is now. i'm modestly optimistic that an agreement can be achieved. >> reporter: the president...
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where negotiations need to happen is with mitch mcconnell because this will have to, if we're going to get a deal done originate in the senate. really the roadblock, absolutely democrats will have to compromise on spending cuts 100% but republicans where we have a standstill on this idealogical difference do we raise taxes at all so yeah. gregg: let me ask tony about that since he is the republican. speaker boehner, tony, couldn't even bring his plan up for a vote. i mean it was pretty embarrassing. has he lost control of his own party and failed in his job as leader in the house? >> well, look, speaker boehner has a very hard task and he has already tried ernestly you say a lot of things about him but can't say he hasn't tried to bring two ideas in the forefront. one that works within the bowles-simpson, bipartisan debt commission's framework of tax revenue being part of it but the majority of reform coming from spending cuts. he had the plan b which i think fairly raises threshold. gregg: that was easy for republicans to pass and he couldn't even get votes to put it on the floor. >>
where negotiations need to happen is with mitch mcconnell because this will have to, if we're going to get a deal done originate in the senate. really the roadblock, absolutely democrats will have to compromise on spending cuts 100% but republicans where we have a standstill on this idealogical difference do we raise taxes at all so yeah. gregg: let me ask tony about that since he is the republican. speaker boehner, tony, couldn't even bring his plan up for a vote. i mean it was pretty...
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mcconnell. that is happening this afternoon. jessica yellin is there. jess, what do we know about the president's plan to get everybody in the same room? do we think there's going to be something that comes out of this? >> reporter: well, this is one of those cases where we really are going to have to wait and see, and all the parties involved are also going in with a big question mark. the idea is the expectation by many of the participants in the meeting is that they hope that they will be able to discuss more details about a scaled-down fiscal cliff plan. and maybe that could lead to some sort of agreement ideally for all parties in which all the senators say that they will not filibuster it, and it can go to a vote. and then speaker boehner could, in theory, agree to bring it to a vote on the house floor after the house comes back on sunday. and then we would get all of this behind us before new year's eve. how likely does that sound? not so likely. >> you and i are both kind of laughing abo
mcconnell. that is happening this afternoon. jessica yellin is there. jess, what do we know about the president's plan to get everybody in the same room? do we think there's going to be something that comes out of this? >> reporter: well, this is one of those cases where we really are going to have to wait and see, and all the parties involved are also going in with a big question mark. the idea is the expectation by many of the participants in the meeting is that they hope that they will...
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republicans like house speaker john boehner and mitch mcconnell have been radio silent on negotiations. joining me is will kain and roland martin, a political analyst and columnist. welcome to you both. >> good to see you. >> good to see you. i'm just so sad we have to talk about the fiscal cliff. let's start with you, roland. harry reid comes out and says the house isn't in session. the president is back. the house is going nowhere. john boehner is doing a terrible job and we'll likely go off the cliff because of the republicans. >> it's interesting. this morning i talked to congressman e moon yule cleaver and part of the issue deals with the house rules. they have to have 48-hours notice to come back to washington, d.c. republicans also have a rule -- >> like there are phones. >> but again, the problem is the house rule that they must wait 72 hours to act on legislation. they can always suspend that rule, frankly change it for this particular purpose. that's part of the problem. they waited so long. this is also one of the reasons why congress should have kept their butt in washingto
republicans like house speaker john boehner and mitch mcconnell have been radio silent on negotiations. joining me is will kain and roland martin, a political analyst and columnist. welcome to you both. >> good to see you. >> good to see you. i'm just so sad we have to talk about the fiscal cliff. let's start with you, roland. harry reid comes out and says the house isn't in session. the president is back. the house is going nowhere. john boehner is doing a terrible job and we'll...
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. >> reporter: senate republican leader mitch mcconnell said the next move needs to come from the president. >> he's the only one who can do it. this isn't john boehner's problem to solve. >> reporter: without a deal, steep tax hikes and massive government spending cuts are set to trigger after january 1. cnn, washington. >>> if there is a new ban on assault weapons, could that mean current gun owners would have to give their guns up? the answer may surprise you. th. i have a cold, and i took nyquil, but i'm still "stubbed" up. [ male announcer ] truth is, nyquil doesn't unstuff your nose. what? [ male announcer ] it doesn't have a decongestant. no way. [ male announcer ] sorry. alka-seltzer plus fights your worst cold symptoms plus has a fast acting decongestant to relieve your stuffy nose. [ sighs ] thanks! [ male announcer ] you're welcome. that's the cold truth! [ male announcer ] alka-seltzer plus. ♪ oh what a relief it is! ♪ [ male announcer ] to learn more about the cold truth and save $1 visit alka-seltzer on facebook. >>> many americans from the president on down are sick about
. >> reporter: senate republican leader mitch mcconnell said the next move needs to come from the president. >> he's the only one who can do it. this isn't john boehner's problem to solve. >> reporter: without a deal, steep tax hikes and massive government spending cuts are set to trigger after january 1. cnn, washington. >>> if there is a new ban on assault weapons, could that mean current gun owners would have to give their guns up? the answer may surprise you. th....
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. >> well, and that's why, and that's why the president ask speaker boehner and mitch mcconnell and harry reid need to come back and make sure their membership -- boehner couldn't deliver the other day -- make sure the membership, and by the way, boehner may have to go with democrats plus a minority of republicans to get the job done. gregg: yeah. >> this is about the welfare of this country, not about the welfare of a political party. gregg: all right. brad, the fiscal cliff is one of the reasons why people are so incredibly gloomy about the future, and, you know, dick's making the point here when speaker john boehner can't even get his own party to follow him and put up a vote on his plan, i mean, aren't republicans equally to blame for the public's profound pessimism? >> well, we have a divided nation, that is for sure. this president has not done his job in leading, and had he done his job in leading especially in the fiscal cliff, he wouldn't be in hawaii now, he'd be in washington making sure that we had a deal -- gregg: has boehner done his job? >> boehner has done a great job in t
. >> well, and that's why, and that's why the president ask speaker boehner and mitch mcconnell and harry reid need to come back and make sure their membership -- boehner couldn't deliver the other day -- make sure the membership, and by the way, boehner may have to go with democrats plus a minority of republicans to get the job done. gregg: yeah. >> this is about the welfare of this country, not about the welfare of a political party. gregg: all right. brad, the fiscal cliff is one...
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it's not clear whether mitch mcconnell or other senators in the republican party will allow that to move forward. if something passes in the senate, i think it's likely that the house will follow suit. i think that takes the pressure off john boehner a little bit in terms of bringing something to the floor that his minions don't love. >> take care, drew. >>> two firefighters shot and wounded on christmas eve are improving and starting physical therapy. joseph hoffstetter and the other firefighter were shot after being called to a fire. we are starting to hear the 911 calls. >> multiple firemen down. multiple firemen shot. i am shot. i think it was an assault rifle. >> volunteers from other areas have stepped in to help the webster fire department. >> we're all family, yep, brothers and sisters. it will be a long time before this department gets over this. i understand, if they need us to come back and help out we'll be here. >> police say william spengler set the fire to lure the firefighters into a trap. he eventually killed himself. his sister was also found dead. >>> how does a small
it's not clear whether mitch mcconnell or other senators in the republican party will allow that to move forward. if something passes in the senate, i think it's likely that the house will follow suit. i think that takes the pressure off john boehner a little bit in terms of bringing something to the floor that his minions don't love. >> take care, drew. >>> two firefighters shot and wounded on christmas eve are improving and starting physical therapy. joseph hoffstetter and the...
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want to get a debt ceiling increase, both speaker boehner and the republican leader in the senate, mitch mcconnell have made it clear, you want $1 trillion of more debt ceiling, because that's what the president is running, $1 trillion more debts, you have to cut it at the same time. they won it a year ago. they'll win it in the future. this is a long fight. it's four years of a fight. it's not one week of a fight. to your earlier question, does the president want to take us over the cliff? i think now he does. the reason is he needs an excuse for the next four years of failure. blaming it on bush doesn't work very much. the regulations and spending he's put on the economy for the next four years is going to put us in recession regardless of the fiscal cliff. >> to be fair, i'm told there are a number of republicans, especially in the house, who want to go over the cliff for the reason i explained, that they'd much rather vote for a tax cut than a tax increase because they don't want to break your pledge. grover, thank you very much. appreciate it. >> no one should break their pledge. >>
want to get a debt ceiling increase, both speaker boehner and the republican leader in the senate, mitch mcconnell have made it clear, you want $1 trillion of more debt ceiling, because that's what the president is running, $1 trillion more debts, you have to cut it at the same time. they won it a year ago. they'll win it in the future. this is a long fight. it's four years of a fight. it's not one week of a fight. to your earlier question, does the president want to take us over the cliff? i...
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success depends partly on whether mitch mcconnell decides to filibuster any legislation. there is senate republicans who are willing to compromise in order to avoid the fiscal cliff. including kay bailey hutchison of texas and johnny isakson of georgia. >> time is running out. and the truth of the matter is, if we do fall off the cliff after the president's maturitied, he'll come back, propose just what he proposed yesterday in leaving washington and we'll end up adopting it. why should we put the markets mn such turmoil and the people in misunderstanding or lack of confidence? why don't we go ahead and act now? >> the president is insisting tacks go up for the wealthy, but he's now scaled back his expectations for the rest of the year focusing only on a middle class tax cut and extended unemployment benefits. he said he still thinks some kind of deal can be reached, but that optimism is not shared by everyone. >> in the aftermath of the house republicans rejecting speaker boehner's so-called plan b, it's the first time that i feel it's more likely that we will go over th
success depends partly on whether mitch mcconnell decides to filibuster any legislation. there is senate republicans who are willing to compromise in order to avoid the fiscal cliff. including kay bailey hutchison of texas and johnny isakson of georgia. >> time is running out. and the truth of the matter is, if we do fall off the cliff after the president's maturitied, he'll come back, propose just what he proposed yesterday in leaving washington and we'll end up adopting it. why should...
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Dec 24, 2012
12/12
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CNBC
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. >> now the focus shifted to mitch mcconnell. the senate taking the lead on a compromise with democrats, and something that can get some support among house republicans. carl? >> hampton, thank you very much. hampton pearson in washington. >> the gift that keeps on giving. we're talking about market wisdom. what you need to know ahead of the opening bell. and whether you're a holiday traveler or investor, you want to hear about the state of the airline industry. let's take a look at futures one last time before the holiday shortened session. about ten points down on the dow. ally bank. why they have a raise your rate cd. tonight our guest, thomas sargent. nobel laureate in economics, and one of the most cited economists in the world. professor sargent, can you tell me what cd rates will be in two years? no. if he can't, no one can. that's why ally has a raise your rate cd. ally bank. your money needs an ally. to the best vacation sp(all) the gulf! it doesn't matter which of our great states folks visit. mississippi, alabama, loui
. >> now the focus shifted to mitch mcconnell. the senate taking the lead on a compromise with democrats, and something that can get some support among house republicans. carl? >> hampton, thank you very much. hampton pearson in washington. >> the gift that keeps on giving. we're talking about market wisdom. what you need to know ahead of the opening bell. and whether you're a holiday traveler or investor, you want to hear about the state of the airline industry. let's take a...